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VC investing in a downturn & protecting founders + smart vents with Flair's Dan Meyers | E1617
This Week in Startups
VCs and the Anti-Dilution Preferences
Manaya: "We are investing other people's money. We have to think, we have to think about our fiduciary responsibility to them" He says sometimes you gotta say no because you must take care of your own family. Manaya: If nobody wants to back the company, the founder wants to keep going.
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